Virgin Galactic Discloses Q3 Financial Results

Virgin Galactic Holdings, Inc. has disclosed its financial results for the third quarter ended September 30, 2024, and provided a …
Virgin Galactic Discloses Q3 Financial Results

Virgin Galactic Holdings, Inc. has disclosed its financial results for the third quarter ended September 30, 2024, and provided a business update. The Company's cash position remained strong, with cash, cash equivalents and marketable securities of $744 million as of September 30, 2024. Likewise, it experienced a revenue drop to $0.4 million, compared to $1.7 million in the third quarter of 2023.

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Joshua Faleti
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